Crypto-friendly Rishi Sunak means a major boost for Bitcoin Britain

Published by
City AM

By Michiel Willems Rishi Sunak has become the UK’s third prime minister in three months. The new Tory leader is an interesting one from a crypto point of view. As finance minister, Sunak famously ushered in the Financial Services and Markets Bill earlier this year, aiming to bring stablecoins into the UK payments system. He said at the time, ‘It’s my ambition to make the UK a global hub for cryptoasset technology’. Moreover, in April, Sunak asked the Royal Mint to work on a UK-backed non-fungible token (NFT), with plans to issue the token by summer. “The announcement was part of a broader push…

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